Veramark Terminates Merger Agreement With Varsity Acquisition LLC, Agrees to Be Acquired by Hubspoke Holdings, Inc. for $1.18 per Share in Cash

Veramark Terminates Merger Agreement With Varsity Acquisition LLC, Agrees to Be Acquired by Hubspoke Holdings, Inc. for $1.18 per Share in Cash

ROCHESTER, NY — (Marketwired) — 06/17/13 — Veramark Technologies, Inc. (OTCQB: VERA) ("Veramark"), a leading provider of Telecom Expense Management ("TEM") solutions, today announced that it has terminated its merger agreement with Varsity Acquisition LLC ("Varsity") and All Big Ten Holdings, Inc. (the "Varsity Merger Agreement"), which was previously announced on May 1, 2013 and which contemplated Varsity-s purchase of all Veramark Common Stock and in

Veramark Announces First Quarter Results

Veramark Announces First Quarter Results

ROCHESTER, NY — (Marketwired) — 05/13/13 — Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management (TEM) solutions, today announced financial results for its first quarter of 2013. Revenues for the quarter ended March 31, 2013 of $3,846,000 increased 7% from revenue of $3,605,000 for the first quarter of 2012. Net income of $20,000 for the first quarter of 2013 compared with net income of $80,000 for the same quarter a year ago. The Company also reported a

Veramark Agrees to Be Acquired by Varsity Acquisition LLC for $0.98 per Share in Cash

Veramark Agrees to Be Acquired by Varsity Acquisition LLC for $0.98 per Share in Cash

ROCHESTER, NY — (Marketwired) — 05/01/13 — Veramark Technologies, Inc. (OTCQB: VERA) (the "Company"), a leading provider of Telecom Expense Management ("TEM") solutions, today announced that it has entered into a definitive merger agreement with Varsity Acquisition LLC ("Varsity") and All Big Ten Holdings, Inc., a wholly-owned subsidiary of Varsity ("Merger Sub") under which Merger Sub will acquire all of the outstanding common stock of the Company, pa

Veramark Announces Fourth Quarter 2012 and Fiscal Year 2012 Results

Veramark Announces Fourth Quarter 2012 and Fiscal Year 2012 Results

ROCHESTER, NY — (Marketwire) — 02/19/13 — Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management (TEM) solutions, today announced increased revenues and profitable financial results for the quarter and year ended December 31, 2012. Revenues of $4.0 million for the fourth quarter of 2012 increased 3% from revenues of $3.9 million for the same quarter of 2011. Revenues for the full year ended December 31, 2012 totaled $15.3 million, representing an increase

Veramark to Announce Fourth Quarter and Fiscal Year 2012 Results and Hold Conference Call

Veramark to Announce Fourth Quarter and Fiscal Year 2012 Results and Hold Conference Call

ROCHESTER, NY — (Marketwire) — 02/15/13 — Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management (TEM) solutions, will issue its financial results for the fourth quarter and year ended December 31, 2012.Tuesday, February 19, 2013
Thursday, February 21, 2013, 2:00 pm Eastern Time
(800) 749-1342Tony Mazzullo, President and CEO, and Ronald Lundy, Senior Vice President of Finance and CFO, will host the conference call to discuss recent developments and fina

Veramark to Announce First Quarter Results and Hold Conference Call

Veramark to Announce First Quarter Results and Hold Conference Call

ROCHESTER, NY — (Marketwire) — 05/04/12 — Veramark Technologies, Inc. (OTCQB: VERA) (PINKSHEETS: VERA), a leading provider of telecom expense management solutions, will issue its financial results for the first quarter ending March 31, 2012.Wednesday, May 9, 2012Thursday, May 10, 2012, 2:00 pm Eastern Time(800) 762-2596Tony Mazzullo, President and CEO, and Ronald Lundy, Vice President of Finance and CFO, will host the conference call to discuss recent developments and financial results. Aft

Veramark Announces Fourth Quarter 2011 and Fiscal Year 2011 Results

Veramark Announces Fourth Quarter 2011 and Fiscal Year 2011 Results

ROCHESTER, NY — (Marketwire) — 02/22/12 — Veramark Technologies Inc. (OTCQB: VERA) (PINKSHEETS: VERA), a leading provider of Telecom Expense Management (TEM) solutions, today announced financial results for its fourth quarter and year ended December 31, 2011. Revenues of $3.9 million for the quarter ended December 31, 2011 increased 8 percent from revenues of $3.6 million for the same quarter of 2010, and revenues of $13.9 million for the year ended December 31, 2011 increased 6 percent fro

Veramark to Announce Fourth Quarter Results and Hold Conference Call

Veramark to Announce Fourth Quarter Results and Hold Conference Call

ROCHESTER, NY — (Marketwire) — 02/17/12 — Veramark Technologies, Inc. (OTCQB: VERA) (PINKSHEETS: VERA), a leading provider of telecom expense management solutions, will issue its financial results for the fourth quarter and fiscal year ending December 31, 2011.Wednesday, February 22, 2012Thursday, February 23, 2012, 2:00 pm Eastern Time(800) 785-6380Tony Mazzullo, President and CEO, and Ronald Lundy, Vice President of Finance and CFO, will host the conference call to discuss recent developm